Symantec Corp. provided guidance for the second quarter and the full year of the company's fiscal year 2018.
For the fiscal second quarter, the company anticipates GAAP EPS to be a loss of 15 cents to 11 cents. Revenue for the quarter is expected to be between $1.22 billion and $1.26 billion. Non-GAAP EPS is expected to be between 40 cents and 44 cents.
The S&P Capital IQ consensus normalized EPS estimate for the fiscal second quarter is 43 cents.
For the full fiscal year, Symantec expects GAAP EPS to be between 1 cent and 11 cents. GAAP revenue for the year is expected to be between $5.04 billion and $5.14 billion. The company also expects non-GAAP EPS to be $1.79 to $1.89.
The S&P Capital IQ consensus normalized EPS estimate for the fiscal year is $1.79.
Symantec reported a net loss of $133 million, or 22 cents per share, for the fiscal first quarter, which was down from net income of $135 million, or 22 cents per share, a year earlier.
Non-GAAP net income for the quarter was $221 million, or 33 cents per share, up from $177 million, or 29 cents per share, in the prior-year period.
The S&P Capital IQ consensus normalized EPS estimate for the quarter was 31 cents.